Company Profitability


Do you only associate innovation with those well-known products that changed the course of human history? We all can list “The Big Product Innovations”: the light bulb, telephone, airplane, Post-It-Notes, the Apple personal computer, and the iPhone. OK, maybe Post-It-Notes doesn’t really make the list of “Big Ones”, but I bet you still have some! In 380 BC, Plato wrote the following in his ancient book...

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A generation of current workers are learning that their acquired skills only qualify them for lower-paying, entry-level work in an economy where there are fewer higher-paying jobs. A story in The Washington Post states that about half of college graduates are working in jobs that do not require a college degree. For half of today’s graduates, in order to move forward in their career, they’re finding that they must learn...

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Anna had been working for us for several weeks now, and it just wasn’t working out. The signs of team frustration were appearing again, and I felt that I was beginning to make excuses for our new team member. To be effective, management needs the trust of the team. When the team begins to feel that their leader is protecting and making excuses for a team member, that leader begins to lose the trust of the team members. It was very...

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Businesses today operate in a climate of frequent government intervention in the marketplace, and must be prepared to evaluate the changes brought by new regulations, and then respond quickly in order to remain profitable. Regulations may be designed to increase costs or even seek to eliminate a product or service. This may force companies out of the market, or cause them to abandon a profitable line of business, if that product or...

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One look at your company’s bank account, and your chest begins to tighten. It might be the realization that your client acquisition effort didn’t bring in a single new client, but it cost you dearly to implement. Maybe you just lost a major client, and while trying to remain optimistic, you can’t help but project your sales for the rest of the year, and you see the cash shortfall that’s coming. Some will face...

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“Whatever follows the ‘I am’ will eventually find you…The good news is that you get to choose what follows ‘I am’…The ‘I am’ coming out of your mouth will bring you either success or failure.” – Joel Osteen, from his book, “The Power of I Am” Most of us have read recent books on the power of positive thinking, like Osteen’s “The Power of I...

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